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Company Registration No. 08797661 (England and Wales)
GB Yacht Engineering Limited Unaudited accounts for the year ended 31 December 2023
GB Yacht Engineering Limited Unaudited accounts Contents
Page
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GB Yacht Engineering Limited Company Information for the year ended 31 December 2023
Director
Mr Gavin Booker
Company Number
08797661 (England and Wales)
Registered Office
48 CHANTRY ROAD GOSPORT HAMPSHIRE PO12 4NF ENGLAND
Accountants
Claire Leitch Accounting Services Limited 24 The Heights Findon Valley Worthing West Sussex BN14 0AJ
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GB Yacht Engineering Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,892 
2,374 
Current assets
Cash at bank and in hand
3,870 
4,461 
Creditors: amounts falling due within one year
(5,003)
(7,425)
Net current liabilities
(1,133)
(2,964)
Net assets/(liabilities)
759 
(590)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
758 
(591)
Shareholders' funds
759 
(590)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 February 2024 and were signed on its behalf by
Mr Gavin Booker Director Company Registration No. 08797661
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GB Yacht Engineering Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
GB Yacht Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 08797661. The registered office is 48 CHANTRY ROAD, GOSPORT, HAMPSHIRE, PO12 4NF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
10,700 
At 31 December 2023
10,700 
Depreciation
At 1 January 2023
8,326 
Charge for the year
482 
At 31 December 2023
8,808 
Net book value
At 31 December 2023
1,892 
At 31 December 2022
2,374 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
821 
1,095 
Taxes and social security
4,182 
6,330 
5,003 
7,425 
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GB Yacht Engineering Limited Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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